World’s largest sportswear maker returned to growth in its core North American market, ending a streak of quarterly declines that have weighed on results

Nike Inc. returned to growth in its core North American market, ending a streak of quarterly declines that have weighed on results at the world’s largest sportswear maker.

Sales in Nike’s home market rose 3% to $3.9 billion for the three months ended May 31, an uptick after three straight quarters of declines. The gains came despite overall weakness in the basketball sneaker market and stiffer competition from rivals such as Adidas AG.